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Park Hotels & Resorts Inc. (PK)

16.57

+0.24

(+1.47%)

At close: April 26 at 4:00 PM EDT

16.62

+0.05

(+0.30%)

After hours: April 26 at 5:37 PM EDT

Park Hotels & Resorts Inc. Announces Second Quarter Dividend of $0.25 Per Share

TYSONS, Va., April 19, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) announced today that the Company has declared a second quarter cash dividend of $0.25 per share of common stock. The dividend will be paid in cash on July 15, 2024 to stockholders of record as of June 28, 2024. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of

GlobeNewswire 7 days ago
Park Hotels & Resorts Announces 2024 ENERGY STAR® Partner of the Year Award

TYSONS, Va., March 26, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) is proud to announce that it has received the 2024 ENERGY STAR Partner of the Year Award for Energy Management from the U.S. Environmental Protection Agency (“EPA”). This is the second consecutive year that Park has received this honor and the Company is once again the only hotel company to have earned this recognition for its energy management program. “We are honored to be recognized

GlobeNewswire last month
Park Hotels & Resorts Announces First Quarter 2024 Earnings Conference Call On May 1, 2024

TYSONS, Va., March 18, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it plans to report financial results for the first quarter 2024 after the stock market closes on Tuesday, April 30, 2024. Park will hold a conference call on Wednesday, May 1, 2024, at 11:00 a.m. Eastern Time (ET) to discuss its earnings results, current operational environment and business outlook. The conference call will be accessible by telephone and through the internet. Inter

GlobeNewswire last month
Park Hotels & Resorts Inc. Reports Fourth Quarter and Full-Year 2023 Results (CORRECTED) and Announces First Quarter Dividend of $0.25 Per Share

TYSONS, Va., Feb. 27, 2024 (GLOBE NEWSWIRE) -- The following items in this press release have been corrected: (i) under the caption “Full-Year 2024 Outlook” and the accompanying reconciliations, the “low case” and “high case” outlook of operating income margin were changed to 15.1% and 16.3%, respectively; (ii) under the accompanying reconciliations to the full-year 2024 outlook, the “low case” and “high case” of Total Revenues were changed to $2,633 million and $2,682 million, respectively, and

GlobeNewswire last month
Park Hotels & Resorts Inc. Reports Fourth Quarter and Full-Year 2023 Results and Announces First Quarter Dividend of $0.25 Per Share

TYSONS, Va., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the fourth quarter and full year ended December 31, 2023 and provided an operational update. Selected Statistical and Financial Information (unaudited, amounts in millions, except RevPAR, ADR, Total RevPAR and per share data) Three Months Ended December 31, Year Ended December 31, 2023 2022 Change(1) 2023 2022 Change(1)Comparable RevPAR$178.25 $171.21 4.1% $1

GlobeNewswire last month
Park Hotels & Resorts Provides Preliminary Q4 2023 and Full-Year 2023 Results

TYSONS, Va., Jan. 22, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE:PK) today provided preliminary fourth quarter and full-year 2023 results. “I am incredibly pleased with our preliminary fourth quarter and year-end results, with both preliminary Comparable RevPAR and Adjusted EBITDA exceeding the midpoint of our previously announced 2023 guidance ranges. Our portfolio continued to deliver impressive results, as business travel accelerated in Boston, Chicago

GlobeNewswire 3 months ago
Park Hotels & Resorts Announces Tax Treatment of 2023 Dividends

TYSONS, Va., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE:PK) (“Park” or the “Company”) today announced the tax reporting information for its 2023 cash distributions on its Common Stock. The distributions, totaling $2.15 per share, were paid as follows: $0.15 on April 17, 2023; $0.15 on July 17, 2023; $0.15 on October 16, 2023; $0.77 on January 16, 2024, and $0.93 on January 16, 2024. For income tax purposes, the dividends for 2023, totaling $2.15 per share, are classified

GlobeNewswire 3 months ago
Park Hotels & Resorts Announces Appointment of Terri McClements to Board of Directors

TYSONS, Va., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced the appointment of Terri D. McClements as a new independent director to its Board of Directors (the “Board”), effective immediately. With Ms. McClements’ appointment to the Board, the Board now has ten members, nine of whom are independent. Ms. McClements is a seasoned business leader, having spent her career in accounting, operational and executive leadership roles. Ms. McClements, a li

GlobeNewswire 3 months ago
Park Hotels & Resorts Announces Fourth Quarter and Full Year 2023 Earnings Conference Call on February 28, 2024

TYSONS, Va., Jan. 05, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it plans to report financial results for the fourth quarter and full year 2023 after the stock market closes on Tuesday, February 27, 2024. Park will hold a conference call on Wednesday, February 28, 2024, at 11:00 a.m. Eastern Time (ET) to discuss its earnings results, current operational environment and business outlook. The conference call will be accessible by telephone and thro

GlobeNewswire 3 months ago
Park Hotels & Resorts Update on Recent Operating Trends and Capital Allocation Highlights

TYSONS, Va., Dec. 20, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE:PK) today provided an update on fourth quarter operating trends. “I am incredibly pleased with the strength of our portfolio as operating trends remained very solid in both October and November. Results were once again driven by improvements across our urban portfolio which delivered year-over-year 10% Comparable RevPAR growth during the first two months of the quarter. Business travel accel

GlobeNewswire 4 months ago
Park Hotels & Resorts Inc. Issues Annual Corporate Responsibility Report and Announces Recent ESG Recognitions

TYSONS, Va., Dec. 07, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) today announced that the Company has issued its annual Corporate Responsibility (“CR”) Report, which details Park’s environmental, social and governance (“ESG”) performance and initiatives during 2022 as well as the Company’s ESG strategies and approach to risk management. In addition, Park has received ENERGY STAR certifications for superior energy performance at six of its hotels and

GlobeNewswire 4 months ago
Park Hotels & Resorts Inc. Announces Fourth Quarter Dividend of $0.93 Per Share

TYSONS, Va., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) announced today that the Company has declared a fourth quarter dividend of $0.93 per share of common stock which includes Park’s regular quarterly dividend of $0.15 coupled with a $0.78 top off dividend based on 2023 operating results. The dividend, as well as the previously announced special cash dividend of $0.77 per share of common stock, will be paid in cash on January 16, 2024 to s

GlobeNewswire 4 months ago
Park Hotels & Resorts Inc. Awarded Nareit’s 2023 Leader in the Light Award for its Sustainability Practices

TYSONS, Va., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) announced today that it has been named the 2023 Leader in the Light recipient in recognition of its sustainability practices within the lodging and resorts sector by the National Association of Real Estate Investment Trusts (“Nareit”). This is the second consecutive year that Park has received this honor. Nareit's annual Leader in the Light Award honors Nareit member companies that have

GlobeNewswire 5 months ago
Park Hotels & Resorts Inc. Reports Third Quarter 2023 Results and Announces Special Dividend of $0.77 Per Share

TYSONS, Va., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the third quarter ended September 30, 2023, a special dividend and provided an operational update. Selected Statistical and Financial Information References to Park's "Current" hotels and "Current" financial metrics include all 41 consolidated hotels owned as of September 30, 2023, including the 1,921-room Hilton San Francisco Union Square and 1,024-room Parc

GlobeNewswire 5 months ago
Park Hotels & Resorts Inc. Announces Lawsuit Related to $725 Million Non-Recourse CMBS Loan Secured By Two of its San Francisco Hotels

TYSONS, Va., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) announced today that the trustee under the $725 million non-recourse CMBS loan (“Loan”), by and through its special servicer, filed a lawsuit against the borrower entities related to the cessation of payments on the Loan. In connection with the lawsuit, the trustee requested the appointment of a receiver to take control of the hotels securing the Loan – the 1,921-room Hilton San Francis

GlobeNewswire 5 months ago
Park Hotels & Resorts Inc. Announces Third Quarter 2023 Earnings Conference Call On November 2, 2023

TYSONS, Va., Sept. 13, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it plans to report financial results for the third quarter 2023 after the stock market closes on November 1, 2023. Park will hold a conference call on Thursday, November 2, 2023, at 10:00 a.m. Eastern Time (ET) to discuss its earnings results, current operational environment and business outlook. The conference call will be accessible by telephone and through the internet. Interest

GlobeNewswire 7 months ago
Park Hotels & Resorts Inc. Announces Third Quarter Dividend of $0.15 Per Share

TYSONS, Va., Sept. 08, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) announced today that the Company has declared a third quarter cash dividend of $0.15 per share of common stock. The dividend will be paid in cash on October 16, 2023 to stockholders of record as of September 29, 2023. Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section

GlobeNewswire 7 months ago
Park Hotels & Resorts Inc. Reports Second Quarter 2023 Results

TYSONS, Va., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the second quarter ended June 30, 2023 and provided an operational update. Selected Statistical and Financial Information References to Park's "Current" hotels and "Current" financial metrics include all 41 consolidated hotels owned as of June 30, 2023, including the 1,921-room Hilton San Francisco Union Square and 1,024-room Parc 55 San Francisco – a Hilton

GlobeNewswire 8 months ago
Park Hotels & Resorts Inc. Announces Second Quarter 2023 Earnings Conference Call on August 3, 2023

TYSONS, Va., June 12, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it plans to report financial results for the second quarter 2023 after the stock market closes on August 2, 2023. Park will hold a conference call on Thursday, August 3, 2023, at 11:00 a.m. Eastern Time (ET) to discuss its earnings results, current operational environment and business outlook. The conference call will be accessible by telephone and through the internet. Interested i

GlobeNewswire 10 months ago
Park Hotels & Resorts Inc. Announces Second Quarter Dividend of $0.15 Per Share

TYSONS, Va., June 08, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) announced today that the Company has declared a second quarter cash dividend of $0.15 per share of common stock. The dividend will be paid in cash on July 17, 2023 to stockholders of record as of June 30, 2023. Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of t

GlobeNewswire 10 months ago

Performance Overview

Return	PK	S&P 500
YTD	+9.87%	+6.92%
1-Year	+64.34%	+25.26%
3-Year	-9.54%	+22.00%

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Park Hotels & Resorts Inc. (PK)

Park Hotels & Resorts Inc. Announces Second Quarter Dividend of $0.25 Per Share

Park Hotels & Resorts Announces 2024 ENERGY STAR® Partner of the Year Award

Park Hotels & Resorts Announces First Quarter 2024 Earnings Conference Call On May 1, 2024

Park Hotels & Resorts Inc. Reports Fourth Quarter and Full-Year 2023 Results (CORRECTED) and Announces First Quarter Dividend of $0.25 Per Share

Park Hotels & Resorts Inc. Reports Fourth Quarter and Full-Year 2023 Results and Announces First Quarter Dividend of $0.25 Per Share

Park Hotels & Resorts Provides Preliminary Q4 2023 and Full-Year 2023 Results

Park Hotels & Resorts Announces Tax Treatment of 2023 Dividends

Park Hotels & Resorts Announces Appointment of Terri McClements to Board of Directors

Park Hotels & Resorts Announces Fourth Quarter and Full Year 2023 Earnings Conference Call on February 28, 2024

Park Hotels & Resorts Update on Recent Operating Trends and Capital Allocation Highlights

Park Hotels & Resorts Inc. Issues Annual Corporate Responsibility Report and Announces Recent ESG Recognitions

Park Hotels & Resorts Inc. Announces Fourth Quarter Dividend of $0.93 Per Share

Park Hotels & Resorts Inc. Awarded Nareit’s 2023 Leader in the Light Award for its Sustainability Practices

Park Hotels & Resorts Inc. Reports Third Quarter 2023 Results and Announces Special Dividend of $0.77 Per Share

Park Hotels & Resorts Inc. Announces Lawsuit Related to $725 Million Non-Recourse CMBS Loan Secured By Two of its San Francisco Hotels

Park Hotels & Resorts Inc. Announces Third Quarter 2023 Earnings Conference Call On November 2, 2023

Park Hotels & Resorts Inc. Announces Third Quarter Dividend of $0.15 Per Share

Park Hotels & Resorts Inc. Reports Second Quarter 2023 Results

Park Hotels & Resorts Inc. Announces Second Quarter 2023 Earnings Conference Call on August 3, 2023

Park Hotels & Resorts Inc. Announces Second Quarter Dividend of $0.15 Per Share

Performance Overview